Shake Shack’s Danny Meyer Gets “Enlightened” With $200 Million

60 Minutes correspondent Anderson Cooper interviews New York restaurateur Danny Meyer. Meyer is associated with several successful restaurants including Union Square Cafe (his first) and the billion-dollar global burger chain Shake Shack, and for his no-tipping policy. While other restaurants aren’t exactly latching on to the idea, Meyer tells Cooper, “It could be that we’re slightly ahead of our time.”

Days before the interview airs on 60 Minutes (October 8), it was announced that Meyer raised $200 million for his new private-equity fund, Enlightened Hospitality Investment. The company has already made minority investments of $10 million and $20 million in companies including Joe Coffee (New York), Salt & Straw Ice Cream (Portland), and Resy Network, a restaurant booking app. 60 Minutes airs Sundays at 7pm on CBS.